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ZoomInfo Technologies (ZI) Faces Investor Backlash After Another Disappointing Earnings Report - Hagens Berman
GlobeNewswire News Room· 2024-09-10 19:25
SAN FRANCISCO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Prominent provider of customer analytics and intelligence to sales and marketing teams, ZoomInfo came under intense scrutiny by investors and analysts again after turning in another dismal earnings report as seen by the recent class action lawsuit filing. Hagens Berman urges ZoomInfo Technologies Inc. (NASDAQ: ZI) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in ...
Shareholders of ZoomInfo Technologies Inc. Should Contact The Gross Law Firm Before November 4, 2024 to Discuss Your Rights – ZI
GlobeNewswire News Room· 2024-09-10 17:31
NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of ZoomInfo Technologies Inc. (NASDAQ: ZI). Shareholders who purchased shares of ZI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/zoominfo-technologies-inc-loss-submission-form/?id=101251&from=3 CLASS PER ...
ZI Investors Have Opportunity to Lead ZoomInfo Technologies, Inc. Securities Fraud Lawsuit
Prnewswire· 2024-09-07 21:00
NEW YORK, Sept. 7, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Class A common stock of ZoomInfo Technologies, Inc. (NASDAQ: ZI) between November 10, 2020 and August 5, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 4, 2024. So what: If you purchased ZoomInfo Class A co ...
ZI INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against ZoomInfo Technologies, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit
GlobeNewswire News Room· 2024-09-07 13:12
SAN DIEGO, Sept. 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of ZoomInfo Technologies, Inc. (NASDAQ: ZI) Class A common stock between November 10, 2020 and August 5, 2024, both dates inclusive (the "Class Period"), have until November 4, 2024 to seek appointment as lead plaintiff of the ZoomInfo class action lawsuit. Captioned City of Pontiac Police and Fire Retirement System v. ZoomInfo Technologies, Inc., No. 24-cv-05739 (W.D. Wash.), the ZoomInf ...
ZoomInfo Technologies Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. November 4, 2024 Deadline to file Lead Plaintiff Motion.
GlobeNewswire News Room· 2024-09-06 18:11
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Sept. 06, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises ZoomInfo Technologies Inc. ("ZoomInfo" or the "Company") (NASDAQ: ZI) investors of a class action representing investors that bought securities between November 10, 2020 and August 5, 2024, inclusive (the "Class Period"). ZoomInfo investors have until November 4, 2024 to file a lead plaintiff motion. Investors are encouraged to contact attorne ...
Investor Notice: Robbins LLP Informs Stockholders of the Class Action Lawsuit Filed Against ZoomInfo Technologies, Inc.
GlobeNewswire News Room· 2024-09-05 22:39
SAN DIEGO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all purchasers of ZoomInfo Technologies, Inc. (NASDAQ: ZI) Class A common stock between November 10, 2020 and August 5, 2024. ZoomInfo is a software and data company that provides customer analytics and intelligence to sales and marketing teams. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP i ...
ZI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that ZoomInfo Technologies, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
GlobeNewswire News Room· 2024-09-05 20:00
Core Viewpoint - A class action lawsuit has been filed against ZoomInfo Technologies, Inc. for alleged violations of federal securities laws, claiming that the company misled investors regarding its financial health and customer retention practices [1][2][3]. Class Definition - The lawsuit seeks damages for all individuals and entities that purchased ZoomInfo securities between November 10, 2020, and August 5, 2024, inclusive [2]. Case Details - The Complaint alleges that: - ZoomInfo's financial results were temporarily inflated due to the COVID-19 pandemic, which created a pull-forward demand for its services [3]. - Significant portions of ZoomInfo's customer base were either reducing their usage or abandoning the product entirely [3]. - The company employed manipulative auto-renew policies and threats of litigation to retain customers against their will [3]. - These coercive tactics have harmed customer relationships and created a hidden demand cliff for future contract renewals [3]. - Consequently, ZoomInfo's reported revenues, operating income, and customer retention metrics were significantly overstated [3]. Next Steps - Investors who suffered losses in ZoomInfo have until November 4, 2024, to request to be appointed as lead plaintiff in the class action [4].
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against ZoomInfo Technologies, Inc. (ZI)
GlobeNewswire News Room· 2024-09-05 14:42
Core Viewpoint - A securities class action lawsuit has been filed against ZoomInfo Technologies, Inc. for allegedly misleading investors regarding the company's financial health and customer retention practices during the COVID-19 pandemic [1][2]. Group 1: Allegations Against ZoomInfo - The lawsuit claims that ZoomInfo's financial results were artificially inflated due to temporary demand increases caused by the COVID-19 pandemic [2]. - It is alleged that a significant portion of ZoomInfo's customer base was either reducing their usage of the product or abandoning it entirely [2]. - The company reportedly employed manipulative auto-renew policies and threats of litigation to retain customers against their will [2]. - These coercive tactics are said to have harmed customer relationships and created a hidden demand cliff for future contract renewals [2]. - As a result of these practices, ZoomInfo's reported revenues, operating income, and customer retention metrics were allegedly overstated [2]. Group 2: Legal Proceedings - Investors who acquired shares of ZoomInfo during the specified class period are encouraged to contact the law firm representing the class action before the lead plaintiff motion deadline on November 4, 2024 [3].
ZI INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against ZoomInfo Technologies, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead the ZoomInfo Class Action Lawsuit
GlobeNewswire News Room· 2024-09-04 23:43
SAN DIEGO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers of ZoomInfo Technologies, Inc. (NASDAQ: ZI) Class A common stock between November 10, 2020 and August 5, 2024, inclusive (the "Class Period"), have until November 4, 2024 to seek appointment as lead plaintiff of the ZoomInfo class action lawsuit. Captioned City of Pontiac Police and Fire Retirement System v. ZoomInfo Technologies, Inc., No. 24-cv-05739 (W.D. Wash.), the ZoomInfo class action lawsuit char ...
ZoomInfo Technologies Inc. (ZI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
GlobeNewswire News Room· 2024-08-20 20:00
NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of ZoomInfo Technologies Inc. ("ZoomInfo" or "the Company") (NASDAQ: ZI). Investors who purchased ZoomInfo securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/ZI. Investigation Details On August 5, 2024, ZoomInfo issued a press release announcing its financial results for the ...